Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare has announced its first large-scale layoff, affecting 1,100 jobs, citing AI efficiency gains as the reason. This shift is driven by the company's increased reliance on AI, which has made certain support roles obsolete. Despite this, Cloudflare's revenue has hit a record high. The move highlights the impact of AI on the workforce. Engineers should be prepared for similar changes in their own industries.